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Xiaomi records 64% revenue growth in Q2, acquires autonomous driving tech firm ‘Deepmotion’

The second quarter has been kind to Chinese smartphone giant Xiaomi, which…
Delhivery

Delivery and e-commerce startup ‘Delhivery’ acquires Spoton Logistics to strengthen B2B segment

Delivery and e-commerce logistics company Delhivery has acquired Bengaluru-based Spoton Logistics in…
Samsung

Samsung plans to invest $205 billion in semiconductors, biopharma and telecom over the next 3 years

$205 billion is a hefty sum, even for a company as big…

Virgin Orbit to take SPAC route to go public, to be valued at $3.2 billion

More than seven months after it successfully reached orbit and launched ten…

Major blow to Uber and Lyft, Superior Court judge rules CA gig economy law ‘Prop 22’ unconstitutional

In a blow to Uber, Lyft and other companies based on the…
Facebook

Facebook announces “Small Business Loan Initiative” to help Indian SMBs avail easy loans

Facebook, a company that started off as a way for Mark Zuckerberg…

CRED launches P2P lending product ‘CRED Mint’, its first investment-focused offering

Fintech start-up CRED was one of the biggest firms to benefit from…

Twitter India MD Manish Maheshwari to move to the US to be Twitter’s new Senior Director

Twitter India’s MD Manish Maheshwari has had a rough couple of months.…
Disney+

Disney+ Hotstar now makes up for almost 40% of Disney+’s 116 million subscriber: Q3 report

With a host of exciting new shows to come, Marvel Studios’ schedule…

Ixigo files DRHP with SEBI for ₹1,600 crore IPO

The stellar IPO of Zomato has shown the way, and other firms…
Reddit

Reddit, the “front page of the internet”, eyes $10Bn valuation following $700 million funding round

Reddit, often known as the front page of the internet, has made…
Zomato

Zomato reports first financials post IPO, quarterly losses widen to ₹356 crore, revenue up by 217% to ₹844 crore

When one puts “Zomato” and “2021” in the same sentence, the first…

India based app development studio Robosoft to be acquired by Japan’s TechnoPro for $108Mn

Over the last year, businesses have been pushed to either go online…
Amazon

Amazon’s largest seller in India, ‘Cloudtail’ to cease operations following CCI probe in e-commerce firms

It seems that the pressure created on Amazon is having its effects.…
Amazon

Amazon rolls out ‘Whole Foods’ like grocery pickup from ‘More’ stores in Bengaluru

The digital sector has grown by leaps and bounds during this past…

Swiggy and Reliance team up to roll out electric vehicles for delivery fleet

People are aware of the necessity of clean energy, more so in…
Flipkart

Flipkart, founders reportedly issued show-cause notice against a $1.35Bn fine over breach of India’s foreign exchange rules

We are halfway through 2021 and still, things have not improved for…

Trupti Mukker to succeed Karan Bajan as Whitehat Jr. CEO, one year after Byju’s acquisition

The acquisition spree of edtech decacorn Byju’s is well-known – it has…